Brooks Christopher T 4
Research Summary
AI-generated summary
Old Dominion (ODFL) SVP Christopher Brooks Receives Award; 257 Withheld
What Happened
- Christopher T. Brooks, Senior Vice President — Human Resources, Safety at Old Dominion Freight Line (ODFL), received an equity award of 3,204 shares on 2026-02-11 (report shows acquisition at $0.00, consistent with restricted stock/RSU vesting).
- On 2026-02-12, 257 shares were surrendered/withheld to satisfy tax withholding (transaction code F) at a reported per-share value of $185.51, equal to about $47,676.
Key Details
- Transaction types/codes: A = Award/Grant (3,204 shares at $0.00 on 2026-02-11); F = Tax withholding/settlement (257 shares disposed at $185.51 on 2026-02-12).
- Withheld shares value: 257 × $185.51 ≈ $47,676.
- Shares owned after transaction: not specified in the Form 4 filing.
- Filing timeliness: Report filed 2026-02-13 for transactions on 2026-02-11–02-12 — appears timely (within the Form 4 reporting window).
- No 10b5-1 plan or other special footnotes reported in this filing.
Context
- This was an award vesting with shares withheld to cover tax obligations — common for RSUs and not the same as an open-market sale or purchase. Such withholding (code F) is a routine administrative action and does not necessarily signal a view on the stock.
- For retail investors, awards provide limited insight into insider sentiment compared with open-market purchases or sales.